Trade Desk Inc (TTD)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 2,949,140 | 2,164,220 | 2,115,340 | 1,527,310 | 1,013,140 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $2,949,140K)
= 0.00
The analysis of Trade Desk Inc's debt-to-capital ratio over the period from December 31, 2020, to December 31, 2024, indicates a consistent pattern of zero debt in relation to its total capital structure. Specifically, the ratio remains at 0.00 across all assessed dates—December 31, 2020, December 31, 2021, December 31, 2022, December 31, 2023, and December 31, 2024.
This persistent zero ratio suggests that Trade Desk Inc has maintained an entirely equity-financed capital structure throughout this timeframe, with no apparent reliance on debt for its funding needs. Consequently, the company exhibits a conservative financial standing with regard to leverage, which could imply a lower financial risk profile. Furthermore, the absence of debt obligations might influence the company's capacity for financial flexibility, potentially impacting its growth strategies and capital management policies. Overall, the data reflects an unleveraged balance sheet with no indications of debt issuance or liabilities impacting the company's capital structure within the specified period.
Peer comparison
Dec 31, 2024